Malaysia II

Lead: Emerging from a post-colonial crisis in the 1960s, Malaysia is on track by the mid-21st century to be one of the world’s great economies.

Intro: A Moment in Time with Dan Roberts.

Content: After World War II, powerful Malaysian nationalist forces began pressing Britain to grant the archipelago its independence. Britain began the process, but beginning in 1948 mostly Chinese rebels led by the Malayan Communist Party conducted a bloody insurrection known as the Malayan Emergency. Commonwealth troops alongside Malayan nationals put down the rebellion, but it took a dozen years. With the end of the uprising Britain’s rule was over and a federated state was created which included Peninsula Malaysia, North Borneo, Sarawak and Singapore. Singapore departed in 1965 and the remaining government is a federal constitutionally elected monarchy made up of thirteen states and three federal territories. The capital and largest city is Kuala Lumpur though much of the federal administrative apparatus is located 25 kilometers south in the planned city of Putrajaya.

Malaysia I

Lead: Assembled from various components of the British Empire, the nation of Malaysia has made great strides since achieving independence.

Intro: A Moment in Time with Dan Roberts.

Content: Malaysia occupies the severe southeastern point of the Eurasian continent and lies athwart some of the richest, most traveled shipping lanes in the world. The indigenous Malay population was supplemented through commercial connections with Indian and Chinese traders sometime around the first century CE. The result is that just over 20% of the population of 30,000,000 is of ethnic Chinese descent. Hinduism and Buddhism were adopted by the native population until the arrival of Islam in the 1300s and today, with Muslims constituting around 60% of the population, Islam is the official faith of Malaysia, though freedom of religion is a constitutionally protected right.

British Financial Troubles III (American Revolution)

Lead: In the 1700s the United States broke from England. No colony in history had done that before. This series examines America’s Revolution.

Intro: A Moment in Time with Dan Roberts

Content: Faced with a major financial crisis at the end of the Seven Years War in 1763 and a populace restive over high taxation to pay for a huge national debt, the British Parliament began to cast around for other sources of income. One likely and potentially rich trove of revenue might be found in the 13 colonies of North America. The white people there were among the richest people in the world and, compared to homebound Englishmen, on average enjoyed a higher standard of living and a level of taxation that could only be called light.

British Financial Troubles II (American Revolution)

Lead: In the 1700s the United States broke from England. No colony in history had done that before. This series examines America’s Revolution.

Intro: A Moment in Time with Dan Roberts

Content: Despite deep-seated opposition to permanent military forces, after the Glorious Revolution in 1688 England acquired a ruling King, a Dutchman, William of Orange, husband of Mary Stuart. The foreign policy of William and Mary therefore primarily involved protecting Holland from the forces of French King Louis XIV, and interdicting French military ambitions elsewhere in Europe and the world. This power projection required much more than a small militia charged with constabulary duties in the cities and counties of England. It required a large standing Army and the maintenance of a major Navy. There were three wars with the French: 1688-1697, 1702-1713, and 1736-1763. This series of conflicts cost a lot of money and by the end of War of Spanish Succession in 1713, the primary source of governmental revenue theretofore, a tax on land, just wasn’t enough.

British Financial Troubles I (American Revolution)

Lead: In the 1700s the United States broke from England. No colony in history had done that before. This series examines America’s Revolution.

Intro: A Moment in Time with Dan Roberts

Content: In the years following the English Civil Wars in the 1640s and the Puritan governmental experiments in the 1650s, no sentiment was more firmly entrenched in the mindset of the English people than was the determination that there would be “no standing armies.” Two decades of having the government able to dictate religious, social, and political behavior at the point of the sword set English teeth on edge.

JP Morgan Bails US Out of Bankruptcy

Lead: In 1895 John Pierpont Morgan, a New York banker, arranged to loan gold worth $65,000,000 to the United States Government. This may have prevented national bankruptcy.

Intro.: A Moment in Time with Dan Roberts.

Content: Before the establishment of the United States Federal Reserve System, government financial leaders were convinced that people would trust government issued paper money only if it was freely convertible to precious metal, gold or silver. Theoretically, anyone could go into a bank and exchange paper money with a face value of, say twenty dollars, for an equivalent amount of gold. During the depression triggered by the Stock Market Crisis of 1893, many people especially foreign investors exchanged their paper money for gold.

Peasants Revolt (1381)

Lead: In 1381 England was the scene of the largest peasant uprising in Europe during the Middle Ages.

Intro.: A Moment in Time with Dan Roberts

Content: For three decades prior to 1380 Europe was decimated by the Black Death. Perhaps third of the population simply disappeared. One of the results of this plague was a reduction in the number of laborers available for work. Suddenly, peasants found themselves able to sell their services at a much higher rate.

Landowners and merchants resisted this wage inflation with every weapon at their disposal. They failed miserably. The price for labor climbed higher and higher. And the better off the peasants became, the higher were their expectations. Soon they were demanding social changes the upper classes were not willing to give. All that was needed was a spark to set off an explosion. It came in 1380.

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Teapot Dome Scandal III

 Lead: In 1922 Interior Secretary Albert Fall leased to his friends oil-rich land in California and Wyoming. He was on the take.

Intro.: A Moment in Time with Dan Roberts.

Content: Government experts suspected that oil was being drained from government land into private wells on the edge of national oil reserves in the west. To protect these reserves, oil was being pumped out under contract and resold to the government for above ground storage. In trouble financially, Interior Secretary Albert B. Fall in the spring of 1922 arranged private leases in exchange for cash, bond, and interest-free loans of $400,000 in cash or bonds.